Long-term fleet expansion plan (160 newbuildings over five years at a total cost of Yen770 billion)
December 24, 2003
Newbuilding Plans
| (1) | A total of 160 newbuildings worth Yen770 billion are scheduled over five years from fiscal 2003 through fiscal 2007. |
| (2) | In addition, the acquisition of 17 used vessels (worth about Yen20 billion), including one Cape-size bulker, is scheduled over two years from fiscal 2003 through fiscal 2004. |
| (3) | As for investment from fiscal 2006, NYK is preparing for positive involvement in large-scale bidding projects related to LNG development in such areas as Qatar and Sakhalin. |
Accompanying sheet (1):
8 large-sized 8,100-TEU containerships to be ordered from shipbuilders in Japan and South Korea
8 large-sized 8,100-TEU containerships to be ordered from shipbuilders in Japan and South Korea
Accompanying sheet (2):
2 large-sized 175,000-ton bulk carriers to be ordered from China's Shanghai Waigaoquiao Shipbuilding Co., Ltd.
2 large-sized 175,000-ton bulk carriers to be ordered from China's Shanghai Waigaoquiao Shipbuilding Co., Ltd.
Accompanying sheet (3):
Long-term fleet expansion plan (160 newbuildings over five years at a total cost of Yen770 billion)
Long-term fleet expansion plan (160 newbuildings over five years at a total cost of Yen770 billion)
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